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Expropriation of farmers’ assets un-Canadian

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    #21
    Back to the start of this thread. Chuck was or have I
    ever been allowed to sell my assets in the CWB? As an
    owner has this right been bestowed to me at any point
    in time? Following that, is an asset that a person can
    never sell really an asset? If I have missed something I
    regret not selling out earlier.

    Comment


      #22
      Chuck,

      The 'Confiscation' line of total fictitious bable is telling.

      Anyone can read the CWB Act C24... and C18 any time they can muster reading these statutes. It couldn't be clearer that the Government owns the CWB... as it couldn't be clearer that the CDN gov. owes any loss the CWB creates by overpaying growers for grain should the markets go south and CWB risk managers fail to protect the Canadian tax payers.

      SO the CWB has NO tax burden as other co-ops and private industry do.

      You accept Ralph Goodales 47.1 clause in the C24 CWB Act... yet the same statue clearly says:

      7. (1) Subject to the regulations, the Corporation shall sell and dispose of
      grain acquired by it pursuant to its operations under this Act for such prices
      as it considers reasonable with the object of promoting the sale of grain
      produced in Canada in world markets.

      Profits

      (2) Profits realized by the Corporation from its operations in wheat under this Act during any crop year, other than from its operations under Part III, with respect to the disposition of which no provision is made elsewhere in this Act, shall be paid to the Receiver General for the Consolidated Revenue Fund.

      Losses

      (3) Losses sustained by the Corporation

      (a) from its operations under Part III in relation to any pool period fixed
      thereunder, during that pool period, or

      (b) from its other operations under this Act during any crop year,

      for which no provision is made in any other Part, shall be paid out of moneys
      provided by Parliament.

      R.S., 1985, c. C-24, s. 7; 1998, c. 17, s. 28(E).

      The elected CWB directors have full well known, and ExChair Oberg answered correctly the Senate question about ownership of the rail cars, building, and ships.

      ON the SHIPS: THE CWB elected directors broke the law buying them out of the pool accounts. As they broke the law all the way through the hoax plebicite they promoted and wasted our money on.

      "Duty to comply

      3.12(2) The directors and officers of the Corporation shall comply with this Act,
      the regulations, the by-laws of the Corporation and any directions given to the Corporation under this Act."

      There is much for the 8 elected CWB crazy directors to answer for. Hypocracy and the high handed breach of the very laws they so carefully blame the Government of Canada for breaking.

      Comment


        #23
        Chuck,

        By the way... we had a BIG fight with Minister Goodale over this part of C24:

        "7. (1) Subject to the regulations, the Corporation shall sell and dispose of grain acquired by it pursuant to its operations under this Act for such prices as it considers reasonable with the object of promoting the sale of grain produced in Canada in world markets."

        There was NO Duty of care to maximise our grain prices under C24.

        C18 correctly states:

        " Object

        6. The object of the Corporation is to market grain for the benefit of producers who choose to deal with the Corporation. "

        Goodale was too bone headed and arrogant to put this in in 1998.

        Comment


          #24
          Chucky, because soy has oil as the byproduct and canola has meal which is really hard to move is why the crush margin is higher. Really quite simple actually.

          Comment


            #25
            rodb There are alot of different grades and proteins of wheat- with Canola there isn't

            Comment


              #26
              Mustard,

              Specialty Canola oil, Biodiesel, Fuel additive and conditioner, Oil base stock for synthetics bio breakdown machine oils, consumer cooking oil, salad oil, High Stability cooking oil; I think you should really look at the facts here!

              If you actually looked at the way the vast majority of flour millers/bakers work with wheat... Falling Number is first... then depending on the application what protein is needed and ash etc. works.

              Much more in common with process needs... food, fuel, livestock feed... industrial uses... all apply to both!

              Comment

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